Sole trader Paying another Sole Trader

3 Posts

Hi,
I have a very simple side hustle where we provide video production services.
Dont want the overhead of being a ltd.
Sometimes I need to get people in to assist with various duties, director, additional camera personel. They all operate as soletrader freelancers.
Suppose I get paid £1000 and pay a director and camera man £300 each. How do I expense this? I tried using services in quickbooks, but doesn't seem to deduct the costs as I would expect?
Is this a legitimate way to operate?
Neil
I have a very simple side hustle where we provide video production services.
Dont want the overhead of being a ltd.
Sometimes I need to get people in to assist with various duties, director, additional camera personel. They all operate as soletrader freelancers.
Suppose I get paid £1000 and pay a director and camera man £300 each. How do I expense this? I tried using services in quickbooks, but doesn't seem to deduct the costs as I would expect?
Is this a legitimate way to operate?
Neil
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May need to be a little careful around the insurance side (both yours and theirs) as you will have full liability to your client even though you are subcontracting part of the work out. Similarly there is a risk that they could trigger a need for your to have employers liability insurance, especially if they are labour only/arent bringing tools